Two-Flat Residential Income
508-510 W Mifflin Street Madison, WI 53703
508-510 W Mifflin Street, Madison, WI, 53703
$815,000
For Sale
$815,000
MULTI_FAMILY - Madison, WI
Lot Size0.07 Acres
Days on Market85
Property Features for 508-510 W Mifflin Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 5
- Appliances
- 2
- Standard status
- Active
- APN
- 0709-231-2441-9
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8935
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1905
- Number of units
- 2
Listing agency
Madcityhomes.Com
(608) 438-3150
Listed by
Caleb Payne
(608) 556-0033
Added: Apr 28 Updated: Jul 15 at 5:03AM Checked: Jul 21 at 8:06AM
MLS# 2018184
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-flat residential income property features original wood floors and trim, along with a new roof installed in 2022. The property is currently rented as a single house under one lease, with additional income from leased parking spots. Tenants are responsible for their own gas, electrical, and water utilities.
A driveway easement agreement is on file. The property is located at 508-510 W Mifflin Street in Madison, WI 53703, in Dane County.
The current and upcoming lease terms include continued occupancy through 8/14/27, with the 2026/27 lease signed for $4,800 per month plus one parking spot at $135 per month.
A driveway easement agreement is on file. The property is located at 508-510 W Mifflin Street in Madison, WI 53703, in Dane County.
The current and upcoming lease terms include continued occupancy through 8/14/27, with the 2026/27 lease signed for $4,800 per month plus one parking spot at $135 per month.
Key Highlights
- Two‑flat property built in 1905, currently rented as a single house under one lease
- Current lease rent is $4,570/month; 2026/27 lease signed for $4,800/month with one parking spot
- Two parking spots leased at $135 each per month; one parking spot included in the 2026/27 lease at $135/month
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit residential income property with a new roof and original wood floors, currently rented as a single house.
Where is this duplex located?
The property is located at 508-510 W Mifflin Street Madison, WI.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Two‑flat property built in 1905, currently rented as a single house under one lease; Current lease rent is $4,570/month; 2026/27 lease signed for $4,800/month with one parking spot; Two parking spots leased at $135 each per month; one parking spot included in the 2026/27 lease at $135/month
